Where does MiningPoolHub get it's data from regarding profitability?
I've noticed it's saying on their site that currently MonaCoin is currently the most profitable coin to mine, but on awesome miner, my rigs haven't made the switch & according to whattomine.com, the MonaCoin is no where near profitable to what it's currently mining now (ETH).
Is MiningPoolHub incorrect or am i missing something here?
Thanks in advance!
The pool designed their own framework for determining profitability (as can be seen in quote below), but there are a few variables you should keep in mind regarding profitability (especially from a pools perspective). First,
http://whattomine.com/ displays profitability based on the last 24 hours by default, which is likely much different than current profitability at any given time. Also, it would not necessarily be beneficial for a pool to start mining the most profitable coin every second one becomes more profitable than any other; this would essentially
decrease overall profitability due to constant work restarts, and would need to take into consideration many variables like mining algorithm, network difficulty, network latency, ASIC/miner "spin up" time, along with several other complex related factors. Lastly, this pool uses a PPLNS (pay per last N ((number)) of shares) payout scheme which would would likely further reduce overall profitability for most miners if the pool were to constantly switch which "coin" is being mined based purely on profitability at any given point in time.